Get Hiring Right in 2022

We know that the cost of hiring typically sits between 100 – 200% of the position’s annual remuneration but in the 2022 market of talent shortages businesses are having to deploy more resources to achieve the same outcome so it is wise and best practice to get your hiring right first time. 

I have already covered the fundamentals of hiring in previous posts so this covers the 5 critical considerations for hiring right now in today’s market, planning, advertising, screening & interviewing, using your employee and other networks, referrals.

1) Get your hiring right first time with planning because without planning you are planning to fail.  If your plan is to bring on a quality recruiter then this should be taken care of. 

2) Get your advertising right because as you can see from this graph your reach into the talent pool peaks in the first week of your vacancy announcement and then rapidly reduces over the next couple of weeks as you only reach those who are new into the market.  There are fundamentals to great advertising and I can help you with this.

3) Screen your applicants with care and stop hiring on skills alone.  Observe the potential and learning intelligence of your candidates and apply an interview style with more open-ended questions and less speaking. 

4) Get the word out that you are hiring.  Talk to your workers and reach into your professional and social networks. 

5). When you make a new hire ask them if they know anyone who might be interested in an opportunity with your business.

Most business leaders sit on the spectrum of greatly disliking to loathing the hiring process causing them to cut corners, panic hire, and miss opportunities which in this market will painfully prolong the term you in the process and significantly increase the cost of hiring.

New hire sourcing through to acquisition is a profession and it may be time for you to bring on a professional.  We have amazing bespoke service opportunities and training programmes that will elevate your employee engagement, improve productivity, increase profitability, grow your market share, and bolster your business resilience and we can help you access government funding for our services, so I invite you to reach out to us today.